ProShares Global Listed Private Equity ETF (BATS:PEX) Stock Price Up 1.8% – Here’s Why

ProShares Global Listed Private Equity ETF (BATS:PEX)’s share price were up 1.8% during mid-day trading on Tuesday . The company traded as high as $23.76 and last traded at $23.76. 941 shares traded hands during mid-day trading, a decline of 73% from the average daily volume of 3,499 shares. The stock had previously closed at $23.35.

ProShares Global Listed Private Equity ETF Stock Up 1.8%

The business’s 50-day moving average price is $22.16 and its 200 day moving average price is $22.60. The company has a market capitalization of $11.17 million, a P/E ratio of 11.41 and a beta of 1.04.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its position in shares of ProShares Global Listed Private Equity ETF by 22.9% in the third quarter. Envestnet Asset Management Inc. now owns 10,003 shares of the company’s stock worth $263,000 after buying an additional 1,863 shares in the last quarter. Raymond James Financial Inc. purchased a new position in ProShares Global Listed Private Equity ETF during the second quarter worth about $85,000. Cetera Investment Advisers increased its stake in ProShares Global Listed Private Equity ETF by 34.1% in the 4th quarter. Cetera Investment Advisers now owns 14,372 shares of the company’s stock worth $355,000 after acquiring an additional 3,654 shares during the last quarter. Jane Street Group LLC increased its stake in ProShares Global Listed Private Equity ETF by 51.4% in the 4th quarter. Jane Street Group LLC now owns 13,701 shares of the company’s stock worth $339,000 after acquiring an additional 4,652 shares during the last quarter. Finally, Royal Bank of Canada raised its holdings in shares of ProShares Global Listed Private Equity ETF by 66.9% in the 1st quarter. Royal Bank of Canada now owns 14,562 shares of the company’s stock valued at $394,000 after acquiring an additional 5,839 shares in the last quarter.

ProShares Global Listed Private Equity ETF Company Profile

The ProShares Global Listed Private Equity ETF (PEX) is an exchange-traded fund that is based on the LPX Direct Listed Private Equity index, a market-cap-weighted index of publicly traded private equity firms around the world. PEX was launched on Feb 26, 2013 and is managed by ProShares.